Fidelity National Information Services (NYSE:FIS) Hits New 12-Month Low – Should You Sell?

Fidelity National Information Services, Inc. (NYSE:FIS) reached a new 52-week low during trading on Monday . The stock traded as low as $35.46 and last traded at $35.4740, with a volume of 161217 shares changing hands. The stock had previously closed at $35.62.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. TD Cowen reduced their target price on shares of Fidelity National Information Services from $58.00 to $53.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Royal Bank Of Canada dropped their price target on shares of Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. Barclays cut their price objective on shares of Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Wednesday, August 5th. Keefe, Bruyette & Woods lowered their target price on shares of Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Finally, Wolfe Research increased their target price on Fidelity National Information Services from $53.00 to $54.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Fidelity National Information Services presently has an average rating of “Hold” and an average price target of $53.46.

Fidelity National Information Services Stock Down 0.3%

The stock has a fifty day simple moving average of $41.38 and a two-hundred day simple moving average of $43.35. The firm has a market cap of $18.35 billion, a PE ratio of 5.46, a price-to-earnings-growth ratio of 0.37 and a beta of 0.79. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the prior year, the firm posted $1.36 earnings per share. The company’s revenue for the quarter was up 29.1% on a year-over-year basis. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. As a group, sell-side analysts expect that Fidelity National Information Services, Inc. will post 6.2 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid a $0.44 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.76 annualized dividend and a yield of 5.0%. Fidelity National Information Services’s dividend payout ratio is currently 27.04%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Fidelity National Information Services during the second quarter valued at $1,730,200,000. Norges Bank bought a new position in Fidelity National Information Services in the 4th quarter worth about $495,956,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Fidelity National Information Services in the 2nd quarter worth about $219,162,000. Bank of America Corp DE purchased a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at about $189,387,000. Finally, Legal & General Group Plc bought a new stake in shares of Fidelity National Information Services during the 2nd quarter valued at about $129,815,000. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology solutions to banks, credit unions, wealth management firms, capital markets institutions and other financial organizations. Its offerings support core banking, digital banking, payments processing, fraud prevention, risk management, compliance, data analytics and customer engagement.

FIS provides platforms for account processing, transaction processing, lending, treasury management, card and payment operations, and investment management.